The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Interactive investors are pretty good. ii.co.uk
Rincon will start trading 12.00 pm eastern Australian time on Monday rather than when market opens. So 1.00 am UK time. Worth staying awake for to see what happens
IPO announced for 21st December at 12 pm
https://www2.asx.com.au/listings/upcoming-floats-and-listings
I think he will go to Paterson Resources. They are just going through a restructure, large exploration licences near Havieron and the geophysics at the eastern end of the Grace licence looks just like Scallywag - a fold structure with magnetic highs in the fold nose and hinge. Maybe thats why Scallywag results have been delayed ;)
A nice little article giving an overview of gold in Australia. Australia should become number 1 producer in the world soon
https://www.theage.com.au/interactive/2020/all-the-glitters-might-just-be-gold/index.html
No problem. On the Newcrest Hotcopper site you will get all the updates on the Havieron joint venture with Greatland -the next at 10 pm Wednesday night probably. For the small companies with exploration licences around Havieron, look at the following: Paterson Resources, Rincon (from thursday), Province Resources (formerly Scandivanadium), Artemis and Antipa. All the best Goldworm
Hotcopper is the the main forum for mining companies in Australia. For example, Greatlands joint venture partner, Newcrest:
https://hotcopper.com.au/asx/ncm/
High gold grades of around 6g/ton in the high-grade arcuate zone in the SE of Havieron are the main driver for the first stage of the project. De-risked project as it pays for all the the development costs, gives Telfer a huge boost and hefty profits on top of all that. Even with the price of gold going below US$1200 an ounce, this stage of the project is virtually risk free with copper and possibly cobalt being a bonus. The price of copper, which are currently at highest since January 2014, will be more important for the bulk tonnage breccia zone of Havieron where gold grades are lower. Here gold will pay for all the mining costs and copper all the profits. Newcrest are the world leaders in mining bulk tonnage under ground copper deposits so this stage of the project will also be immensely profitable.
Newcrest are very positive for the future and positive about gold. No mention of Havieron but we all know its their Jewel in the Crown
https://www.theage.com.au/business/companies/the-fundamentals-are-strong-gold-still-glitters-for-newcrest-s-sandeep-biswas-20201101-p56ah4.html
Hi Bamps, The Isdell Formation is composed of Dolomite, which is a magnesium -rich limestone. This would be a perfect host rock for Havieron style mineralisation and is overlain by the Malu Formation which are quartzites I believe. The reason limestones are a host to massive sulphide mineralisation at Havieron is sulphur and Copper/ gold-rich fluids from a granite have reacted with the limestone to form something similar to a Skarn. The interesting thing is the the Isdell Formation is found in the Ruddal district where Greatland have taken out an exploration licence recently
Hi Aidin .., On regional geophysics the fold structure that comes close to Havieron extends up to Outamind with another fold nose. The folds seem to be dome structures formed by granite intrusion and anticlines. The structures are defined by the magnetic Wilkie Quartzite on aeromagnetic maps. Both Havieron and Outamind are magnetic anomalies close to the nose of folds and we know that mineralisation is structurally controlled. We have to look at the nose of fold structures with Kraken being another example. For Havieron style mineralisation the host rock is the Puntapunta limestone that lies stratigraphically just below the Wilikie Quartzite. As sedimentary sequences repeat themselves, other quartzite formations in the region will also have limestones below them so not ruling out other targets in Paterson Range East. Will take a look after my next bottle of fine Australian Shiraz :)